Design and Distribution Obligations (DDO)​

From 5 October 2021 the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019 (DDO) commences, and Collective Lending as a product issuer must comply with these regulations.

These new requirements mean we have to prepare and distribute a Target Market Determination (TMD) for each of our products, as well as:

• Describe the class of consumer that comprises the target market
• Specifies conditions and restrictions that are to apply to their distribution; and
• Specifies events and circumstances that would trigger a review

All accredited introducers of Collective Lending are required to familiarise themselves in relation to their obligations under DDO. Including reviewing the below TMD’s which are to be read in conjunction with the current version of Collective Lending’s product specifications.

To access archived TMD’s, please click here.